Indian stock markets opened on a flat note in green on Monday, reflecting cautious investor sentiment amid ongoing tensions between Iran and Israel.

Following a robust 10 per cent rally in the Nifty since the tariff pause announcement on April 9, 2025, Emkay expects markets to pause.

Israel and Iran continue to fire a volley of missiles and drones at one another, targeting energy infrastructure as well as residential areas. The conflict, which has killed over 220 people so far since Friday (June 13),

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.

While Israel has reported some casualties as a result of Iran's strikes, the nation aims to remain open for business. Bank of Israel on Sunday said that the main branches of the nation’s lenders would remain open.

Investors were on edge ahead of markets reopening late on Sunday, gripped by anxiety over nationwide protests against President Donald Trump and the escalating threat of a sweeping conflict in the Middle East.

In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in the international oil markets,